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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

NKT awarded EUR 160M orders for Draugen and Njord platform electrification · Endata

◂ Announcements

Dec 15, 2022CONTRACTNorwegian continental shelf, Norway

NKT awarded EUR 160M orders for Draugen and Njord platform electrification

NKT was awarded orders by OKEA ASA and Equinor Energy AS for two power cable systems to electrify the Draugen and Njord offshore platforms on the Norwegian continental shelf. The combined contract value is approximately EUR 160 million.

Value

$170.0M (160.0M EUR)

Status

Announced

Productshigh-voltage AC offshore power cable systemsdynamic power cables

CompaniesNKT Equinor customer Aker BP partner OKEA customer NKT supplier Lotos partner Equinor Energy AS customer

Sectors#Electrical Equipment #Power Generation Equipment

“The orders have a combined contract value for NKT of approx. EUR 160m in market prices.”news.cision.com

3 sources
news.cision.comNKT awarded turnkey HVAC electrification projects for Draugen and Njord platforms - NKTDec 15, 2022
news.cision.comNKT awarded high-voltage power cable project to connect offshore platforms in Norway - NKTDec 16, 2022
globenewswire.comNKT awarded high-voltage power cable project to connectNkt A/SDec 16, 2022

Summarized from public sources; check the original articles before acting on it.

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